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China's securities regulator said on Friday that China will build first-class investment banks by backing securities firms to replenish capital in different ways and undertake mergers and acquisitions.
China's smart logistics market is projected to grow fivefold to 1 trillion yuan (5.72 billion) by 2025, a new segment set to drive the next phase of growth in the world's largest logistics market, which hit 11 trillion yuan in 2016, said He Liming, head of the China Federation of Logistics and Purchasing.
China's property market has cooled as home prices have faltered or posted slower growth in major cities amid government policies to curb speculation.
Chinese Ambassador to the Philippines Huang Xilian said the booming online education and digital industries in China have "cultivated new modes of win-win cooperation" between China and the Philippines.
China-South Asia cooperation can boost not only Asia but the global economy, neutralizing factors causing the current slowdown, an expert told the Boao Forum for Asia's Economist Roundtable in Beijing on Monday.
来源：资阳报